what should i be looking at when comparing phone insurance packages

If youe thinking about getting mobile phone insurance then that great news. If not, you should be aware that getting mobile phone insurance will ensure that your phone will be protected should anything bad happens to it.

With the price of phones and contracts increasing and mobile phones becoming an ever more important part of our everyday lives, it incredibly important to keep your mobile protected. This is so you don have to shell out on getting damages fixed or paying for a new phone, which will involve considerable expense.

Once youe established the need for mobile phone insurance, the next step is to look at the different types of insurance providers, the level of cover they offer and how much it going to cost you.

Types of Insurance Providers

The first thing that youl need to do is look at various mobile phone insurance lenders, this is to give you an idea of the various packages and how much it going to cost. When looking at an insurance provider, be sure to check their terms and conditions as well as any feedback from previous customers. You could ask your friends and family, or perform a search of their name in a search engine followed by the word eview? This will give you a good idea of how reputable they are.

The Level of Cover

This is the main thing that youl need to consider when looking at different packages. We all use our phone for different reasons, and some of us use our phones more than others. For this reason mobile phone insurance companies have several packages available for customers. Depending on what you use your phone for and how often you use it, this will dictate what type of phone insurance youl need.

Most insurance packages come with accidental damage, so you can be sure to claim back money if you need to have your screen fixed because you accidently dropped your phone. However, some people might want to make sure they are also covered for theft and even loss; this would probably mean spending a little more on your premium. If your phone was stolen, then with a phone insurance package covering theft, you can claim the value of the phone back or simply get a replacement. The same applies to loss, and in most cases having accidental damage, theft and loss in the same package will be the most comprehensive type of cover you can get.

Other features of phone insurance packages to compare include cover for family members and overseas cover. This is incredibly beneficial if you let family members use your phone on a regular basis. Without it, if you tried to claim because a family member had damaged your phone, then your claim will be invalid. Overseas cover is especially beneficial for when you go on holiday.

Finally have a think about the potential financial implications of losing your phone. For example, a thief could potentially rack up a huge phone bill with unauthorised calls. Likewise with new mobile wallet technology, potential thieves could spend a fortune on purchases. If you don have this type of cover, then it could cost you a lot more in the long run.

Price

The final thing to consider is price. When looking at various insurers and various packages, you need to make sure that youe keeping within your budget and getting good cover for a decent price. Think to yourself how much you would be comfortable with paying per month. Also consider paying annually as this may save you a significant amount of money over the year.

Don always go with the cheapest, as this may not always mean you get the best type of cover. What you pay is very much dependant on the level of cover you get, so as long as youe happy with the insurance provider and the level of cover then the price will follow suit.